Tata Chemicals Limited

NSEI:TATACHEM Stock Report

Market Cap: ₹197.1b

Tata Chemicals Valuation

Is TATACHEM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TATACHEM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

₹1.16k
Fair Value
33.1% undervalued intrinsic discount
9
Number of Analysts

Below Fair Value: TATACHEM (₹774.05) is trading below our estimate of fair value (₹1157.77)

Significantly Below Fair Value: TATACHEM is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TATACHEM?

Key metric: As TATACHEM is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TATACHEM. This is calculated by dividing TATACHEM's market cap by their current earnings.
What is TATACHEM's PE Ratio?
PE Ratio97.6x
Earnings₹2.02b
Market Cap₹197.14b

Price to Earnings Ratio vs Peers

How does TATACHEM's PE Ratio compare to its peers?

The above table shows the PE ratio for TATACHEM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average39.5x
500165 Kansai Nerolac Paints
16.1x-8.73%₹184.3b
506401 Deepak Nitrite
39.9x22.33%₹211.9b
500870 Castrol India
19.4x6.55%₹189.1b
CARBORUNIV Carborundum Universal
82.7x30.73%₹165.7b
TATACHEM Tata Chemicals
97.6x48.67%₹197.1b

Price-To-Earnings vs Peers: TATACHEM is expensive based on its Price-To-Earnings Ratio (97.6x) compared to the peer average (28x).

Price to Earnings Ratio vs Industry

How does TATACHEM's PE Ratio compare vs other companies in the IN Chemicals Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
500449 Hindustan Organic Chemicals
0.5xn/aUS$22.82m
530433 Shiva Global Agro Industries
3.8xn/aUS$4.16m
509910 Southern Gas
0.03xn/aUS$6.34k
No more companies available in this PE range
TATACHEM 97.6xIndustry Avg. 23.7xNo. of Companies53PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TATACHEM is expensive based on its Price-To-Earnings Ratio (97.6x) compared to the Indian Chemicals industry average (23.6x).

Price to Earnings Ratio vs Fair Ratio

What is TATACHEM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TATACHEM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio97.6x
Fair PE Ratio45x

Price-To-Earnings vs Fair Ratio: TATACHEM is expensive based on its Price-To-Earnings Ratio (97.6x) compared to the estimated Fair Price-To-Earnings Ratio (45x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TATACHEM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹774.05
₹889.56
+14.92%
10.45%₹1,082.00₹780.00n/a9
Nov ’26₹890.65
₹905.67
+1.69%
12.50%₹1,127.00₹780.00n/a9
Oct ’26₹917.55
₹898.88
-2.04%
13.16%₹1,127.00₹780.00n/a8
Sep ’26₹939.85
₹898.88
-4.36%
13.16%₹1,127.00₹780.00n/a8
Aug ’26₹956.50
₹898.88
-6.02%
13.16%₹1,127.00₹780.00n/a8
Jul ’26₹930.55
₹804.38
-13.56%
11.72%₹984.00₹675.00n/a8
Jun ’26₹887.15
₹786.38
-11.36%
12.04%₹984.00₹675.00n/a8
May ’26₹837.30
₹826.43
-1.30%
10.23%₹935.00₹725.00n/a7
Apr ’26₹839.75
₹840.71
+0.11%
12.66%₹1,030.00₹725.00n/a7
Mar ’26₹777.35
₹840.71
+8.15%
12.66%₹1,030.00₹725.00n/a7
Feb ’26₹964.30
₹936.71
-2.86%
10.49%₹1,100.00₹835.00n/a7
Jan ’26₹1,038.40
₹930.29
-10.41%
10.09%₹1,070.00₹820.00n/a7
Dec ’25₹1,111.75
₹936.38
-15.77%
9.53%₹1,070.00₹820.00₹795.408
Nov ’25₹1,154.75
₹936.38
-18.91%
9.53%₹1,070.00₹820.00₹890.658
Oct ’25₹1,132.60
₹891.88
-21.25%
9.74%₹990.00₹745.00₹917.558
Sep ’25₹1,082.65
₹891.88
-17.62%
9.74%₹990.00₹745.00₹939.858
Aug ’25₹1,103.75
₹888.25
-19.52%
9.43%₹1,000.00₹780.00₹956.508
Jul ’25₹1,107.35
₹887.00
-19.90%
8.95%₹990.00₹780.00₹930.558
Jun ’25₹1,030.15
₹892.75
-13.34%
8.83%₹985.00₹770.00₹887.158
May ’25₹1,072.15
₹878.88
-18.03%
8.18%₹985.00₹770.00₹837.308
Apr ’25₹1,087.20
₹865.00
-20.44%
8.15%₹1,010.00₹780.00₹839.758
Mar ’25₹968.00
₹844.29
-12.78%
5.62%₹904.00₹780.00₹777.357
Feb ’25₹1,014.90
₹961.14
-5.30%
11.64%₹1,140.00₹790.00₹964.307
Jan ’25₹1,117.85
₹941.14
-15.81%
11.12%₹1,140.00₹790.00₹1,038.407
Dec ’24₹969.95
₹964.75
-0.54%
12.04%₹1,140.00₹790.00₹1,111.758
₹889.79
Fair Value
13.0% undervalued intrinsic discount
9
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/06 22:49
End of Day Share Price 2025/12/05 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tata Chemicals Limited is covered by 29 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mukesh SarafAvendus Spark
null nullAxis Capital Limited
Ankur PeriwalAxis Capital Limited